DHDG vs. UXJL

Last updated Jun 24, 2026

DHDG (FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF) and UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) are both Defined Outcome funds from First Trust. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.85% expense ratio.

Performance

DHDG vs. UXJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF (DHDG) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DHDG achieves a 6.44% return, which is significantly lower than UXJL's 8.46% return.

DHDG

• 1D: -0.60%
• 1M: 0.03%
• YTD: 6.44%
• 6M: 5.87%
• 1Y: 14.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UXJL

• 1D: -1.53%
• 1M: -1.62%
• YTD: 8.46%
• 6M: 7.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DHDG vs. UXJL - Yearly Performance Comparison

	2026 (YTD)	2025
DHDG FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF	6.44%	6.55%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	8.46%	8.62%

Correlation

The correlation between DHDG and UXJL is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 21, 2025	0.94

Return for Risk

DHDG vs. UXJL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DHDG

DHDG Risk / Return Rank: 86
DHDG Sharpe Ratio Rank: 86
DHDG Sortino Ratio Rank: 90
DHDG Omega Ratio Rank: 90
DHDG Calmar Ratio Rank: 81
DHDG Martin Ratio Rank: 84

UXJL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DHDG vs. UXJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Quarterly 2.5 to 15 Buffer ETF (DHDG) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DHDG	UXJL	Difference
Sharpe ratio: Return per unit of total volatility	2.51	—	—
Sortino ratio: Return per unit of downside risk	3.73	—	—
Omega ratio: Gain probability vs. loss probability	1.51	—	—
Calmar ratio: Return relative to maximum drawdown	3.84	—	—
Martin ratio: Return relative to average drawdown	15.57	—	—

Drawdowns

DHDG vs. UXJL - Drawdown Comparison

The maximum DHDG drawdown since its inception was -8.26%, smaller than the maximum UXJL drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for DHDG and UXJL.

Drawdown Indicators

	DHDG	UXJL	Difference
Max Drawdown Largest peak-to-trough decline	-8.26%	-10.29%	+2.03%
Max Drawdown (1Y) Largest decline over 1 year	-3.66%	—	—
Current Drawdown Current decline from peak	-0.78%	-3.71%	+2.93%
Average Drawdown Average peak-to-trough decline	-0.86%	-1.58%	+0.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	—	—

Volatility

Volatility by Period

	DHDG	UXJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.72%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.41%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.61%	14.58%	-8.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.46%	14.58%	-7.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.46%	14.58%	-7.12%

DHDG vs. UXJL - Expense Ratio Comparison

Both DHDG and UXJL have an expense ratio of 0.85%.

Dividends

DHDG vs. UXJL - Dividend Comparison

Neither DHDG nor UXJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DHDG and UXJL in my portfolio?

With a correlation of 0.94, DHDG and UXJL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DHDG or UXJL?

Both ETFs have the same 0.85% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DHDG or UXJL?

DHDG and UXJL have the same expense ratio: 0.85% per year.

Which ETF pays a higher dividend yield, DHDG or UXJL?

DHDG and UXJL have nearly identical dividend yields, around 0.00%.